Foreign-funded“Double Excellence Enterprise”——Anhui South Textile Co.Ltd.

The Anhui South Textile Co.Ltd.,established in September 1992,is a Sino-foreign cooperative enterprise,stock-held by Anqing TextileFactory.It has a total investment of RMB 16.5 million,registered capitalof RMB 11.55 million,with 25.3 percent shared by the foreign side.Mainproducts include combed yarn under 100s. Since its operation,the company,by making full use of its advantages—having an annual export quota for cotton yarn of 9000 pieces,preferential policy,new equipment,strong ability for high grade

How to set up a foreign-funded or Chinese-foreign joint venture financial institution in Shanghai

If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have

Ten Top "Foreign-Funded" Pharmaceutical Enterprises

The first session of the appraisal campaign, which lasted seven months, for choosing ten top "foreign-funded" pharmaceutical enterprises nationwide concluded on June 21. The State Pharmaceutical AdminiStration issued award certificates to the ten "foreign-funded" pharmaceutical enterprises which had won the honour of the best ten title headed by Xian-Janssen Pharmaceutical Ltd. This is the first large scale comprehensive appraisal of business scale, economic results and product status of the "foreign-funded" pharmaceutical enterprises all over China, aiming

New Regulations on the Supervision of Foreign-funded Banks in China

Foreign banks have achievedremarkable development in China since theintroduction in 1980, and so far there are 135institutions doing business in our country.With the increasing number of foreign-fundedfinancial institutions and the developmentof their businesses, China has made someadjustments to its policies and laws governingforeign banks in recent years, which aredemonstrated in the following aspects.Ⅰ Regions: In August, 1994, 11 cities wereapproved to set up business institutions offoreign banks. So far, the number of suchcities has increased to 24, as follows: Beijing,

Application Procedures——for Establishing Chinese-foreign Joint(Co-operative)Ventures or Foreign-funded Enterprises in Sichuan Province

1. On Chinese-foreign joint (co-operative) ventures(1) The conclusion of the letter ofintent on joint investment (co-operation) bythe Chinese and foreign parties.(2) New construction projects shall besubmitted to the provincial PlanningCommission for ratification; technicalinnovation projects shall be submitted to theProvincial Economic Commission forratification.(3) The contracting parties shall register thename of the joint venture with the provincialAdministration for Industry and Commerce.

New Development of Foreign-Funded Enterprises

Since 1979, China’s foreign capital utilization has made renewed progress in a steady sound way, invigorating China’s social progress and economic prosperity. The year 1994 witnessed 47,390 foreign-funded projects approved in China with direct foreign investment reaching US$33.8 billion, some 22.8 percent higher than in the previous year. By April 1995 from 1980, there were 230,000 foreign-funded projects approved with contractual foreign investment exceeding US$300 billion and actually about US$104

Yancheng Develops Foreign-funded Enterprises

Yancheng City, once neglected by investors, has become the focus of foreign investment in recent years. Beginning in 1987 and to the end of 1993, Yancheng had set up 875 foreign-funded enterprises, making use of US$226 million in foreign capital—530 of them approved last year alone with foreign capital worth US$109 million. Those in operation rank among the most advanced foreign-funded enterprises in Jiangsu Province and the country.

Property Assessment for Foreign-Funded Enterprises

Along with the further development of China’s openness and continual improvement of its investment environment, more and more foreign investors are coming to China. Foreign capital, advanced technology and equipment and scientific management can boost China’s economic development.

Policy Recommendations to Prevent Financial Risks Caused by Speculative Capital Flows

There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at the initial stage of development, and foreign exchange control has put barriers to entry and exit of overseas capital. Strictly speaking, the short-term highly liquid "hot money" does not exist in China, and is referred to as long-term speculative capital in this paper. Second, such capital does not come from trade alone. International trade is only part of corporate business operations, and a more reasonable and complete description is that "overseas capital flows into China through foreign-funded enterprises". Through analysis of the inflow channels, this paper estimates that the stock of long-term speculative capital between 1999 and 2006 stands at almost US$ 400 billion. The year 2006 saw an increase of US$ 98.09 billion, of which US$ 35.4 billion was formed through international trade, which equals to roughly 20% of trade surplus that year. But this does not mean that 20% of trade surplus is long-term speculative capital.

Lessons from China's automobile industry

Two controversies have emerged in the development of China’s automobile industry.The first is the role of government approval in economy of scale,industrial concentration and redundant construction.Second is the role of foreign-funded companies in the growth of China’s automobile industry.Correct understanding of these matters offers a unique"intellectual asset"for approaching the institutional and policy matters of China’s automobile industry and other sectors.It also serves as guidance in the selection of growth patterns.

An empirical research on driving factors of CSR of foreignfunded enterprises from the perspective of ecological civilization

The significance of the construction of ecological civilization lies not only in the protection and management of the ecological environment in China, but also in the improvement of people's awareness of the protection of the natural environment and the unique understanding of the relationship between man and man, society and man and nature, the deep analysis of the relationship between between economic development and environmental protection. Taking the ecological civilization as the angle of view, taking 20 foreign-funded enterprises in Hohhot, Baotou, Erdos and Chifeng of Inner Mongolia Autonomous Region as the research object, using the questionnaire method, the basic data of the enterprises are analyzed by mathematical statistics. The conclusion is that the driving factors of the basic social responsibility of the foreign-funded enterprises mainly come from the requirements of relevant laws and regulations. The main driving force of the medium-level corporate responsibility comes from the promotion of corporate brand image, and the main driving force of corporate responsibility comes from obtaining legal business.